Penryn, Placer County, California Property Taxes

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Property Taxes in Penryn, California

Median Penryn, California effective property tax rate: 1.10%, significantly higher than the national median of 1.02%, and lower than the California state median of 1.21%.
Median Penryn, California home value: $559,362
Median annual Penryn, California tax bill: $6,036, $3,636 higher than the national median property tax bill of $2,400.

How are property taxes in Placer calculated?

Property taxes in Penryn, California are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Penryn's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Penryn, knowing local tax details benefits homeowners and investors.

Last Updated April 13, 2026

Penryn, Placer County, California Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.1%

Estimate Property Tax Bill

$6,153

$5,710

How Does the Penryn Property Tax Calculator Work?

Use this Penryn property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Penryn's median effective tax rate of 1.10% — based on actual property records in Placer County — to generate your estimate.

Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Penryn's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.

Penryn's median effective tax rate is higher than California's 1.21% state median tax rate, and the median property tax bill is $6,036, which is $3,636 higher than the state median bill. Your bill may vary by ZIP code within Penryn: rates range from $6,036 in 95663 to $6,036 in 95663.

For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Penryn.

About Penryn Property Taxes

About Property Taxes in Penryn, Placer, California

Penryn’s median effective property tax rate of 1.10% is lower than the California state median of 1.21% and higher than the national median of 1.02%. This rate reflects the Placer County base levy combined with local school district levies and other local assessments that can affect what homeowners pay.

Property tax rates are not uniform across Penryn. Homeowners in the 95663 ZIP code carry a median effective rate of 1.10%, and the same ZIP also reflects the city’s median tax bill of $6,036. That bill is well above the national median property tax bill of $2,400, showing how local market values and assessed values can drive higher taxes.

Penryn homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the November 30, 2026 deadline each year.

If your estimated bill seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.

Property Tax Rates Across Penryn, Placer County, California

As noted earlier, local government entities set tax rates, which can vary widely within a state.

Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.

While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Below, you can compare Penryn's effective property tax rate to other cities in California and the median property tax rates in California and the U.S.

Property Tax Rates Across Penryn, Placer County, California

Source: Ownwell

1.02%

1.16%

1.30%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Penryn Tax Rate

1.10%

Median Effective Placer County Tax Rate

1.12%

Median Effective California Tax Rate

1.21%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Penryn, Placer County, California

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
95663	1.04%	1.07%	1.10%	1.15%	1.27%

Source: Ownwell

Property Tax Assessment Values Across Penryn, Placer County, California

When examining property taxes in Penryn, California, understanding the distinction between market value and assessed value is crucial.

The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Placer County assessment office estimates the market value for tax purposes.

The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

Assessment notices:

In Placer County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of July.

Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Penryn.

For example, the median home price in Penryn is $559,362, with tax bills ranging significantly across the county. 95663 has the highest median home price at $559,362.

Property Tax Assessment Values Across Penryn, Placer County, California

Source: Ownwell

$183,200

$587,748

$992,295

Median Penryn Market Value

$559,362

Median Placer County Market Value

$506,842

Median California Market Value

$427,605

Median United States Market Value

$235,294

Property Tax Assessment Values Across Penryn, Placer County, California

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
95663	$191,623	$360,717	$559,362	$844,824	$1,151,548

Source: Ownwell

Property Tax Bills Across Penryn, Placer County, California

Property tax bills in Penryn are based on the assessed value of a home, which is tied to the market value of the property. For a home with a median price of $559,362, the tax bill can vary widely depending on the assessed value and any local tax rates or assessments that apply. In this area, the median property tax bill is $6,036, which is higher than the national median property tax bill of $2,400 and above the national median property tax rate of 1.02%.

Homeowners should expect their bill to reflect not just the home’s value, but also the specific taxing authorities in Placer County. Bills at the 25th percentile are $4,106, while the 75th percentile reaches $8,912 and the 90th percentile is $12,013. That range shows how much property taxes can differ from one homeowner to another, even within the same city.

Property Tax Bills Across Penryn, Placer County, California

Source: Ownwell

$2,074

$7,487

$12,900

Median Penryn Tax Bill

$6,036

Median Placer County Tax Bill

$5,928

Median California Tax Bill

$5,134

Median United States Tax Bill

$2,400

Property Tax Bills Across Penryn, Placer County, California

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
95663	$2,363	$4,106	$6,036	$8,912	$12,013

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Property Valuation Date	January 1
Appeal Deadline	November 30
Tax Bill
Issued	October 1
Due Date #1	December 10
Due Date #2	April 10

Links
Placer Tax Assessor
Website	common1.mptsweb.com

Frequently Asked Property Tax Questions in Penryn, California

How are property taxes calculated in Penryn, California?

Property taxes in Penryn, California are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.

How do I appeal my property taxes in Penryn, California?

To appeal your property taxes in Penryn, California, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.

What property tax exemptions are available in Penryn, California?

Common property tax exemptions in Penryn, California include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.

When are property taxes due in Penryn, California?

Property tax deadlines in Penryn, California vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.

How can Ownwell help reduce my property taxes in Penryn, California?

Ownwell provides professional property tax appeal services in Penryn, California. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.